Ukrainian investor and KYB corporation owner Oleg Nevzorov has rejected allegations of misconduct and political protection in connection with an ongoing investigation related to the “Baba Alino” construction project in Varna.
Speaking to Bulgarian National Radio, Nevzorov said he does not consider himself guilty and expects the authorities to establish the facts. “No, I don’t feel guilty, I hope for justice and for the truth to be revealed by state institutions,” he said, adding that all relevant construction documents are already under review by law enforcement agencies.
Nevzorov confirmed that he has been questioned again by police in Varna and said he is fully cooperating with investigators. He insisted there is no hidden political backing or illicit payments involved in obtaining construction permits. “I have all the documents and they are with the law enforcement agencies and are being checked,” he said.
He also rejected claims that he is under criminal investigation abroad, stressing that he has no prior convictions or pending legal cases. According to him, he has not received any official summons in Ukraine.
“I am here, I am in Varna, in Bulgaria, I will not run away anywhere,” Nevzorov said, dismissing speculation that he might leave the country. He described Varna as a second home, comparing it to his native Odessa and saying both cities share similar character and potential.
The investor maintained that the “Baba Alino” development is fully legal and backed by documentation and communication with local authorities. “I have documents, I have correspondence with the administration,” he said, adding that the ongoing inspection will ultimately determine the truth.
Addressing criticism over his presence in Bulgaria during wartime, Nevzorov said he is working as a businessman rather than participating in military service. He noted that he supports Ukraine financially, arguing that not all citizens are directly involved in combat, while institutions and businesses continue to operate.
Nevzorov further stated that he does not fear for his safety, insisting that he is acting within the law and has nothing to hide. He reiterated that he will not comment further until the investigation is completed and official findings are released.
Meanwhile, Varna authorities are continuing enforcement actions in the “Baba Alino” area, where the municipality has already issued 12 demolition orders, with additional decisions expected from the mayor’s office.
